Colgate-Palmolive Co. (CL) Buy

Further market strength is appearing after breakout in Colgate-Palmolive (CL).This stock has shown a smooth uptrend with relative strength compared to the S&P100.Significant accumulation and re-accumulation periods should support the upmove on a medium-term perspective.Tests and shakeouts to the down side might occur at the upper trend channel at 120$